South Korea's top economic policymaker said Friday that Seoul will cautiously determine when and whether to join the U.S.-led Trans Pacific Partnership (TPP), a multilateral trade pact in the Pacific region, after reviewing its effect on the economy and developments of free trade deal with China.
Nearly a month after the European Union decided to slap tariffs on solar panels imported from China, the two sides are racing against the clock to avert a showdown that puts 27 billion U.S. dollars in trade and more than 600,000 jobs at risk.
Indonesia and Vietnam agreed to step up cooperation on energy, trade, maritime and other sectors, Indonesian President Yudhoyono and his visiting Vietnamese counterpart Truong Tan Sang said at the State Palace here on Thursday.
China and the EU both hope to solve an ongoing trade dispute involving photovoltaic (PV) products through price undertaking talks, Commerce Minister Gao Hucheng said Friday.
Hong Kong's Export Index increased in the first two quarters of 2013, signaling a continued improvement in the confidence of the city's exporters, the Trade and Development Council said on Tuesday at a press conference.
Not everyone would benefit from the establishment of free trade zone between the United States and European Union (EU), a study showed on Monday. Traditional trading partners and developing countries would be the main losers.
The summit of the Group of Eight (G8) industrialized nations is taking place at the Lough Erne resort with the launch of formal negotiations on a free trade agreement between the European Union (EU) and the United States.
Bangladesh's cabinet Monday approved a proposal to sign a "controversial trade pact" with the United States, mostly likely later this month.
South Korea's trade ministry said on Friday that it aimed to become the linchpin of the regional economic integration in East Asia through the new free deal with China and the signed deal with the United States.
Visiting Chinese President Xi Jinping on Wednesday called for joint efforts from business communities of China and Mexico to expand the two countries' economic cooperation.
The European Union's decision to impose punitive import duties on Chinese solar panels late Tuesday is not simply out of expectations, but it risks going out of the boundaries of the normal trade ties.
China will step up efforts to build up its service industry to make it a new engine to power sustainable growth, Premier Li Keqiang said on Wednesday.
Free trade on fair play basis is important for a country's long term prosperity, although it seems difficult for someone to accept during economic recession, Finnish Parliament Speaker Eero Heinaluoma said.
EU member countries seem to be keenly aware of the grave consequences of protectionism, as a majority of them oppose a plan to impose punitive duties on solar panel imports from China.
China and Switzerland on Friday concluded their talks over a bilateral free trade agreement (FTA), which will be the first between Beijing and continental Europe.
Li Keqiang wrapped up his first official visit abroad as Chinese premier on Monday with a clear and strong message to Europe: more cooperation, less protectionism.
At least 14 of the European Union's 27 member states have voted against a European Commission proposal to impose punitive duties on imported Chinese solar panels, sources told Xinhua on Monday.
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